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Show 24 Values she said. Sieg said it is difficult to find an Avenues house for under $30,000 and any selling that low are very small and in need of quite a bit of work. Because of the high prices, people are mdre cautious about buying houses that need repair work, she said, and many who do live in homes that need rehabilitation dont have the capital to do the work. i, According to Anna W.M. Realtors (a Century 21 company), the district will probably do a lot of good. The area doesnt need another shopping center, she said and restoration of houses in the area would be advantageous to all the residents. She also pointed out all houses in the valley are inflated in price. extra protection, Gwia-zdowsk- Could level off Although he hadn't a real feel for what the historic district might do, Kalmar Robbins, AAA Realty, said if people think prices will go up, they will. He said home Continued from page 13 prices for the valley have more than doubled in the last seven years and they still appear to be increasing. At some point, however, a saturation point may be reached and the market will level off, he said. Statistics distributed by the Utah Heritage Foundation and the Greater Avenues Community Council show huge property value increases in other cities where similar historic districts have been approved. According to Stephanie Churchill, Foundation director, the information was gathered by the National Trust for Historic Preserva- My cousins place Weve always gone to them Theyve always treated us right There are a lot of good reasons for going to a certain printer. But if price heads your list, there's only one to choose from! it i shoppe tion. The examples cited clude: a doubling in value in German Village, Columbus, Ohio, in two years; a 75 to 150 percent increase in two years in El Pueblo Viejo, Santa Barbara, Calif.; and a 136 per cent rise in five years in Church Hill, Richmond, Vir. ... in- Capitol Hill in Denver, which contains .7 percent of the property and six percent of the houses in the city, represents 18 percent of Denvers total property value. where we guarantee the lowest price 36 West Second South Salt Lake City, Utah 84101 (801) 364-104- 4 Between 100 and 1000 copies per original, 814x11, camera ready copy, black ink, white paper, one side, no solids, screens or half-tone- s. |